Once again last year, at Ecotic we worked to undertake an efficient management of our resources and optimise costs, which are basic prerequisites for the Foundation. We succeeded in complying with the planned budget, and the end of the year was positive, with a result of 10,960 Euros.

The largest item in the costs related to Ecotic’s activities and those of the foundation is WEEE Management, which as shown in the graph
below, accounts for 87.3% of total costs, followed by Communication and Structure at similar levels (5.8%) and subsequently Other Management Costs (1.1%). This distribution has remained at almost identical percentages for several years.

WEEE Management, which includes the costs of transport and collection, treatment, classification and storage at the management points, increased by 10.6% compared to 2020, given the significant increase in kilograms collected. An overall growth of 7% was recorded, mainly as a result of the 6% increase in waste from the household channel, and 16.3% in the case of the professional channel.
In the 2021 financial year, 23% of all the WEEE management operating costs were channelled through social enterprises, as a result of our commitment to equal opportunities and the development of the social economy.

In the Communication field, more resources were allocated to our own projects aimed at installers of air conditioning and refrigeration
equipment, in order to increase collections of air conditioners, and the amount dedicated to this area was therefore 8.7% higher than in the 2020 financial year.

The amount allocated to Structure increased by 9.7% compared to 2020, but it fell short of the forecast made in the 2021 budget.
This is a consequence of the situation that we are experiencing in the wake of Covid-19, which has led to a reduction in travel and the implementation of teleworking.

Other Management Costs increased by 64.6%, as a result of higher incomes due to the increase in the number of member producers
(9.54%), the increase in the quantities placed on the market by member companies, and a new entry for commercial activities focusing on producers without a registered office in Spain.